Calculate the Annual Rate of Return for a Mutual Fund

question 63

Multiple Choice

Calculate the annual rate of return for a mutual fund with the following fees and expected returns

• A)4.95%
• B)5.0%
• C)5.85%
• D)2.5%
• E)6.55%

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Definitions:

Content Validity

The ability of an instrument to fully assess or measure a construct of interest by sufficiently sampling from the entire universe of items for which the instrument was designed to sample.

Well-Established Construct

A concept or theory that has been extensively researched and validated, demonstrating consistent and reliable findings across studies.

Validity Estimates

Measures that indicate how well a test or assessment tool measures what it is intended to measure.

Validity Error

A discrepancy or mistake that affects the accuracy or truthfulness of a test's results.